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25 March 2006

Lucent and Alcatel in Merge Talks

Faced with a challenging industry environment, telecommunication equipment makers Lucent and Alcatel are discussing a possible merger, according to a statement released by the two companies.
"We can confirm that Lucent and Alcatel are engaged in discussions about a potential merger of equals that is intended to be priced at market," the statement said, adding that there is no guarantee the companies will reach an agreement.
See full article at Network World.